The answer is yes and more importantly,if you wish to sell in the future and you don't have it you will only be able to sell to a cash buyer as over the last 18 months the banks have refused to issue a mortgage against any property that doesn't have this paperwork.

Another reason for the banks not to lend or Spain sharpening up it's due dilligence on Buying,you decide??

Our is an urbanisation and we didn't obtain them from the developer but it is a legal requirement to take out the policies before building work starts on each block or in our case Manzana and the gaurantee starts from the time the architect signs off the finish.

If you are the "Promoter" of the build ( ie buy plot then employ the builder yourself) you will not get a 10year guarantee as you would need to provide to yourself. I understand that you can do this through an insurance company but it is very expensive.

We bought a plot and had a property built and our solicitor explained that we did not need a guarantee as there is a provision for self promoters not needing one.

It will be written into your escitura that you have had the property built yourself and therefore there is no guarantee provided to anyone buying from you within the 10 years.

I would be interested to know if anyone has made a successful claim under the guarantee.

My builder did minor repairs, leaking taps, dodgy painting etc. but when it came to major items like leaking doors and windows, badly fitted damproofing just ignored it and still does despite written requests from lawyers.

Only clarify that 10 years Insurance only covers structural damages or induced by structural failures.

The other gurantees that spanish law provides are:

- 1 year for finish materials (tiles, painting,...)

- 3 years for installantions or damages induced by them.( Drainage included)

The structural guarantee is compulsory be covered by insurer. The other two can be covered by insurer or directly by the developer.

As you have said, the 10 years insurance is compulsory for sell a building made after May 2000. If it is ten years old you can sell it without insurance.

Also it is only for new building and integral reform buildings. If you make alterations at home the only valid guarantee is what you have agreed with buider, but legally one year for everything and two years for materials who has those guarantee.

Always demand a correct bill or will never can claim.

_______________________Common sense is the least common of senses
blog "Under Construction"